ShelterLogic, LLC

Transaction Details


ShelterLogic, LLC


Watertown, CT



Management, RFE and Charter Oak Equity

Transaction Type:

M&A Advisory

Close Date:

ShelterLogic, headquartered in Watertown, CT, is a leading, global manufacturer and marketer of fabric-covered, steel frame shelters and canopies for diverse consumer and commercial applications, including sheds, garages and recreational pop-up canopies.

Matrix was originally retained by ShelterLogic, including its largest shareholders Albion Investors and Montauk Capital, to refinance maturing mezzanine debt. After securing several compelling proposals, the Company elected to pursue a sale of the business due to its strong performance and differing shareholder objectives.

Matrix conducted a robust and competitive process among private equity groups and received numerous Indications of Interest before conducting management presentations.

Buyer was chosen due to attractive valuation and willingness to overcome certain impediments to the transaction.

Deal closed above client expectations; management received partial liquidity and remained shareholders with attractive equity option pool.

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